I need some explanations on what occured. I pick my moves based on candlestick analysis. On a particular move, based on the bar with an arrow pointing to it, I placed a short. I placed a short because the body was narrower that the previous bar. I took this as weakness, because of the decrease amount of buyers. That's the reason why I shorted. According to the next bar, I lost big. Possibly i'm wrong with my analysis. If you know why I might be wrong, feel free to let me know. Thanks.
- Joined Feb 2006 | Status: Blah blah blah | 1,410 Posts
The breaking of a wave cannot explain the whole sea.
- Joined Feb 2006 | Status: Blah blah blah | 1,410 Posts
The breaking of a wave cannot explain the whole sea.